Market Review (Session 1)

In session 1, JCI closed with negative 1.26% at level of 5,863.28

Market Prediction (Session 2)

JCI: The index closed down -1.26% at level of 5,863. JCI breakdown to our support flow and may continue test support at 5,853. If JCI breakdown to below 5,853, it can continue to the next support at 5,735.

• CTRA: The price is still moving in our buy range and still has a chance to strengthen as long as it maintain above support. Be careful in case of the price breakdown below support level.
• DOID: Price only touch the first target at 384 (+2.12%). The price was closed by a bullish candle and there is still a chance to return to the nearest to test the resistance. Be careful if it closed in the bearish candle.
• INKP: Price closed breakdown below support level with a bearish candle. If the price does not return above the support level, it can further decline to the support at 9,425. Buyback is allowed when the price after touching support, it is able to move in the bullish candle.
• SOCI: The price immediately opened gap up and touched the second target at 236 and the highest at 238 (+7.2%). The price closed down to become a bearish candle after it was unable to hold above 236. The price could first go down to support. If it is able to hold above support level, there is still a chance to get back up.

News

• In the first quarter of 2021, PT Ciputra Development Tbk (CTRA) posted an increase in revenue and net profit. CTRA's revenue in the first quarter of 2021 was recorded at Rp 1.85 trillion. This figure is up 23.3% compared to the same period last year which amounted to Rp 1.50 trillion.
• PT Japfa Comfeed Tbk. (JPFA) recorded a brilliant performance throughout the first quarter of 2021. The profit for the period before the effect of adjusting the profit of the merged entity which was attributable to the owner of the parent entity increased to Rp. 856.66 billion, up 149.12 percent from the same period last year of Rp. 343.87 billion.

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